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ECONOMIC HIGHUGHTS ECONOMIC HIGHLIGHTS. ROMPRES “Very litle has been said about restrictions putin farming with respect to food safety, milk hygiene, waste as well as about eliminating animal flour from the livestock food,” the minister stressed The Government received a letter in which the European Commission says Romania is within schedule as regards the EU accession preparations, but stresses it should accelerate efforts in several areas related to seven integration chapters, among which the document cites the need ‘or Romania to take concrete measures on the management of EU funds in agriculture and the sanitary veterinary sector. Eleven billion euros worth of European funds to go to Romania in first three years after EU accession Eleven billion euros worth of European funds will goto Romania in the fist three years after it enters the European Union, say data in documents, State Secretary at the Romanian Ministry of European Integration Leonard Orban told Rompres recently. ‘Over 2007-2009, Romania will be given six billon euros, which are non-retumable, for the modernization ofits economy, But after the EU accession, companies can no longer be forgiven debts and the money that is currently spent as state aid wil be from then on addtional sources forthe state budget, added the high official ‘Some 1,000 companies in the food processing industry will be shut down, because of poor hygiene and falure to meet some more EU standards, although they account for 15 percent ofthe production in the fleld, Orban added Bul the State Secretary also said thal the EU accession is related not only to costs, but alsoto benefits, soin 2007 the salaries wil grow some 1.89 percent more than the inflation rate, exceeding the rise in productivity Dutch Parliament to ratify Romania's EU Accession Treaty after conclusions of October ‘monitoring report ‘The Dutch Parliament, inthe ratification process of Romania's EU Accession Treaty, will take into account the conclusions of the monitoring report on Romania to be issued by the European Commission in October, Dutch Foreign Minister Bemard Bot said after meeting visting Romanian counterpart Mihal-Razvan Ungureanu on June 7. Bot stressed thal the ratification process of Romania's Accession Trealy by the Dutch Parliament will bea correct one and it will address this issue ina critical and constructive manner and will ake into account the remarks of he European Commission's monitoring repat in October on the seven areas that Romania still has to clan. The Dutch foreign minister also hailed the fac that the Romanian Government is doing everything possible to meet the pledges assumed in front of the European Union with respect to the seven areas. The process of the Accession Treaty'sralifcation has already begun, Bot said, adding that the document is currently being debated by the Netherlands’ Council of State that will further submit it to the two houses of parliament for passage. Ungureanu said that during the meeting he informed his Dutch counterpart on the developments having taken place in Romania over the past four months with respect to the reform of the administration and the interior as well asthe reform ofthe judicial system. He added that although “The temperature of the enthusiasm with which the enlargement of the European Union is seen has dropped in the last two weeks", the ratification of Romania's and Bulgaria's Accession Treaty will not suffer because of this, since this is a document signed by the leaders of 27 European states, “The two foreign ministers said they also discussed about he reform ofthe U.N. Security Council, the Trans-Dnester crisis and the bilateral relations between their two countries Bot said the Netherlands is one of the most important investors in the Romanian economy with more than 2,000 Dutch companies being active in Romania, while Ungureanu thanked his Counterpart forthe financial support given by the Netherlands under PSO and MATRA programmes. Ungureanu offered Bot as a gift a painting by 12-year-old Luciana Tamas from Satu Mare (northern Romania), ts topic being the friendship between Romania and the Netherlands; the two Countries celebrate 125 years of diplomatic relations this year. 2__

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